Ask Terry Questions student loan repayment

student loan repayment

By Terry Savage on February 04, 2023 | College Savings / Student Loans

This new student loan repayment that you wrote about – Is this in addition to the previous proposal that included debt forgiveness (10 and 20k under 75k)?
I know the debt forgiveness is going up in front of Supreme Court soon – is Biden admin proposing this new plan in place of forgiveness?

Terry Says

It is currently just a proposal. My “guess” is that its a backup plan if the original $10,000 loan forgiveness is declared unconstitutional by the Supreme Court. We will see!

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